Section III: Governance system

I. – Articles R. 354-2-1, R. 354-3-2 and R. 354-3-3 do not apply to supplementary occupational pension funds. II. – For the application of article R. 354-3 to supplementary occupational pension funds, the following definitions apply 1° “Solvency requirements referred to in Section 2 of Chapter V of Title VIII of Book III” where “capital requirements referred to in Chapter II of this Title” are mentioned; 2° “Requirements relating to…

In addition to the requirements set out in Article R. 354-3, the report on the internal assessment of the risks and solvency of a supplementary occupational pension fund referred to in I of Article L. 385-6 shall include: 1° A description of how the internal assessment of risks is integrated into the management process and the fund’s decision-making procedures; 2° An assessment of the effectiveness of the risk management system;…

I.-The same person may be responsible, within a supplementary occupational pension fund, for several of the key functions mentioned in Article L. 354-1, with the exception of the internal audit function, which is independent of the other key functions. When the person responsible for a key function carries out an activity within a company or association which has entered into a contract with the supplementary occupational pension fund, this activity…